Beyond Price Swings: The Hidden Risks of Crypto Investing
Crypto investing often gets reduced to one idea: price volatility.
However, this is only part of the story. While price swings are visible and easy to discuss, deeper risks sit in custody and platform exposure.
A survey by the FCA found that 66% of investors aged 18-40 spent less than 24 hours deciding on an investment, with a quarter admitting they invested impulsively to keep up with current trends.
This underestimates fraud risk, as scams often look polished and professional. The FBI's Operation Level Up reported that 77% of victims had no idea they were being scammed, with estimated savings to victims reaching over $511 million.